NO , you tube is very limited at the moment and has a lot of bugs .
You cannot delete any from the machine menu ,
You can only access the first 20 from the web interface so are limited to what you can delete from there .
You cannot get the menu up when a video is playing by pressing the master knob, it does nothing
You cannot add a video to a play list
You cannot rename a video without putting the sc card in the PC and looking at the operating system files .
You cannot search on the BB1 like the B2 , you have to get the web interface connected ...
This is a fabulous option but needs further development .
All you can do is add a you tube video and play them in the order you downloaded them on the BB1 and you can only access
the first 20 on the web interface that's about it .